Viewing a response to: @leothreads/leothread-2023-11-24-23-49
🧵 /1 Basically, an interest rate is the percentage that is charged by a investor to a borrower just because of the money. #outreach #threadstorm
| author | mudassarfoladi |
|---|---|
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🧵 /2 If the interest rate is high, it discourages the borrower as it slow down the investment and economic spending , on the other hand if the interest rate is lower it encourages the borrower as the business investment becomes higher.
| author | mudassarfoladi |
|---|---|
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| created | 2023-11-25 03:31:30 |
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🧵 /3 If the interest rates are low then it encourages the borrower because the investment in the projects and businesses are at the low cost, and if the interest rates are higher then it will have the opposite effect.
| author | mudassarfoladi |
|---|---|
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| created | 2023-11-25 03:32:57 |
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🧵 /5 https://inleo.io/@mudassarfoladi/impact-of-interest-rates
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| created | 2023-11-25 03:33:57 |
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🧵 /4 Basically, interest rates more affect the inflation that is why central banks uses interest rates to control the inflation among the country.
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| created | 2023-11-25 03:33:39 |
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